More and more financial institutions are increasingly turning to information and communication technologies (ICTs) to facilitate their operations as well as deliver new products to customers.   The trend is also aimed at increasing access to services and further deepening financial inclusion, according to sector analysts. On this front, Rwandans could soon be able to apply and receive startup capital and other types of soft loans on their.... Read more »

Posted on : Tuesday , 31st January 2017

Mombasa Cement is set to build a 36 megawatt (MW) wind farm in Kilifi for its own use and sale to Kenya Power.   The project, which consists of 12 turbines of 3MW each, will cost an estimated Sh260 million, according to regulatory filings submitted by the cement manufacturer.   The wind park will be build on a section of the 1,200 acres of land Mombasa Cement owns in Vipingo, on which it already operates a clinker factory that.... Read more »

Posted on : Monday , 30th January 2017

 The maiden visit of Rwanda President Paul Kagame to India has opened up a new avenue for Indian businesses and exporters. Speaking at the 8th Vibrant Gujarat Summit, a global business forum in India, President Kagame urged increased private sector investments from India, highlighting Rwanda as a competitive and conducive environment to do business with a favourable climate for investments. The summit witnessed the signing of a number of.... Read more »

Posted on : Tuesday , 24th January 2017

Arusha — An ambitious project to connect the North and the South points of Africa with a single power line through the Cairo-to- Cape Town grid is in the pipeline and may be functional within three years from now.   The Minister for Energy and Minerals Professor Sospeter Muhongo, revealed the proposed power project during the ongoing 24th Eastern Africa Power Pool Steering Committee Meeting taking place here, saying the special.... Read more »

Posted on : Tuesday , 24th January 2017

Kenya is injecting thermal electricity into the national grid to compensate for hydro generation -- which has affected by low water levels due to poor rainfall last year.   The government has ruled out loadshedding, but the use of electricity generated from plants that use expensive diesel and fuel oil sets the stage for higher bills.   In the late 1990s, Kenya started diversifying power sources to reduce dependence on.... Read more »

Posted on : Saturday , 21st January 2017

The replacement move is to cut cost and increase production.   The 39.2 million USD worth Mugher cement project which replaced previous High Fuel Oil energy source with Coal has seen completion and entered production phase.   Speaking at the inaugural event, Public Enterprises State Minister Beyene Gebremeskel lauded enterprise's unrivaled effort in equipping itself with state-of-the-art technology to enable its employees and.... Read more »

Posted on : Monday , 16th January 2017

The Government has devised a new plan that will see low income earners who already have cashpower meters but are unable to pay the subscription fee get access to electricity.   The Managing Director of the Energy Utility Corporation Limited (EUCL), Eng. Jean-Claude Kalisa, said recently that the agency was already in the process of entering this category of potential subscribers into their system and promised that it should be complete by.... Read more »

Posted on : Friday , 13th January 2017

Naivasha — Using waste from vegetable and flower production, biogas is providing energy to Kenya's electricity network   A commercial farm in Kenya has become Africa's first electricity producer powered by biogas to sell surplus electricity to the national grid, cutting the carbon emissions associated with oil-powered generation.   The Gorge Farm Energy Park in Naivasha produces 2 megawatts (MW) of electricity - more than.... Read more »

Posted on : Wednesday , 11th January 2017

More than seven water and three wind power generators have been built in the effort the government exerted to meet the growing power demand in relation to the growing investment that has risen up with our country's growth.   Out of the power generating stations Gilgel Gibe I (with 180 mega watts), Tis Abay II (with 73 mega watts), Tekeze power generator (with 300 mega watts), Gilgel Gibe II (with 420 mega watts), Beles power generator.... Read more »

Posted on : Tuesday , 10th January 2017

The African Development Bank has approved a $870,000 grant to promote off-grid electricity generation in Tanzania.   The grant, announced yesterday, was approved under the Sustainable Energy for Africa facility, which is funded by the governments of Denmark, the UK, the US and Italy.   The money will go towards funding private sector clean energy projects, with a view to improving access to electricity in rural areas of the East.... Read more »

Posted on : Monday , 9th January 2017

Rwanda can now produce enough power to service all those who need it in Kigali, the Chief Executive of Rwanda Energy Group (REG), Jean Bosco Mugiraneza, has said.   Mugiraneza, who was addressing journalists in Kigali, yesterday, said besides being able to provide electricity to everyone who needs it, REG had embarked on different projects that will also purge general load shedding issues.   In Kigali, REG is, among others,.... Read more »

Posted on : Monday , 9th January 2017

The move proves nation's green growth strategy implementation   President Dr. Mulatu Teshome said the Reppie Waste to Energy Facility is a tangible manifestation of country's move in building eco-friendly growth.   The president made the remark yesterday while visiting the facility under-construction at a cost of 95 million USD.   When sees completion, Reppie would be Africa's major waste-to-energy facility and expected to.... Read more »

Posted on : Monday , 9th January 2017